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Commerzbank Announces €400 Million Share Buyback Amid Strong Fiscal Year
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Commerzbank Announces €400 Million Share Buyback Amid Strong Fiscal Year

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Invest with Confidence:

An update from Commerzbank ( (DE:CBK) ) is now available.

Commerzbank has announced a share buyback program of up to €400 million following a successful fiscal year 2024, where it achieved a preliminary net result of €2.68 billion. The bank plans to distribute 71% of its net profit after regulatory deductions and proposes a dividend of €0.65 per share, maintaining a strong CET1 ratio of 15.1%, reflecting its robust financial health and commitment to returning value to shareholders.

More about Commerzbank

Commerzbank AG operates in the financial services industry, providing a range of banking products and services with a focus on net interest and commission income.

YTD Price Performance: 17.45%

Average Trading Volume: 2,028,242

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €21.76B

For an in-depth examination of CBK stock, go to TipRanks’ Stock Analysis page.

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